Advisory Alpha

Advisory Alpha as of Sept. 30, 2017

Portfolio Holdings for Advisory Alpha

Advisory Alpha holds 120 positions in its portfolio as reported in the September 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Europe Pacific ETF (VEA) 5.9 $21M 479k 44.14
Powershares Senior Loan Portfo mf 4.1 $15M 639k 23.12
SPDR Barclays Capital High Yield B 4.1 $15M 394k 36.93
Vanguard Emerging Markets ETF (VWO) 3.9 $14M 311k 44.66
Vanguard Growth ETF (VUG) 3.8 $14M 100k 137.68
SPDR Dow Jones Global Real Estate (RWO) 3.8 $14M 283k 48.02
Vanguard Mid-Cap Value ETF (VOE) 3.7 $13M 124k 106.40
SPDR Barclays Capital Convertible SecETF (CWB) 3.3 $12M 227k 51.71
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 3.1 $11M 127k 87.84
Vanguard Value ETF (VTV) 3.1 $11M 108k 102.01
iShares S&P SmallCap 600 Index (IJR) 3.0 $11M 146k 73.30
Vanguard FTSE All Wld Ex USSml Cap (VSS) 3.0 $11M 92k 116.47
iShares S&P 500 Index (IVV) 3.0 $11M 42k 257.48
PowerShares Emerging Markets Sovere 2.9 $11M 359k 29.27
Jp Morgan Alerian Mlp Index (AMJ) 2.6 $9.3M 336k 27.83
iShares S&P MidCap 400 Index (IJH) 2.6 $9.3M 51k 182.66
Powershares Etf Tr Ii var rate pfd por 2.5 $8.9M 343k 25.97
Vanguard Mid-Cap Growth ETF (VOT) 2.1 $7.6M 61k 124.61
Guggenheim Bulletshares 2020 H mf 1.7 $6.2M 250k 24.77
Claymore Exchange Trd Fd Tr gug bul 2019 hy 1.7 $6.1M 249k 24.59
iShares Gold Trust 1.6 $5.6M 459k 12.26
Claymore Exchange Trd Fd Tr 2021 hg yld cb 1.5 $5.4M 217k 25.09
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 1.3 $4.6M 44k 105.02
Vanguard REIT ETF (VNQ) 1.3 $4.5M 54k 84.33
iShares S&P US Pref Stock Idx Fnd (PFF) 1.2 $4.3M 112k 38.47
Vanguard Energy ETF (VDE) 1.2 $4.2M 43k 96.00
Vanguard Industrials ETF (VIS) 1.1 $3.8M 28k 135.67
Vanguard Long Term Corporate Bond ETF (VCLT) 0.8 $2.9M 31k 94.75
Claymore Exchange Trd Fd Tr gug bull2018 e 0.8 $2.9M 139k 21.15
Claymore Exchange Trd Fd Tr gug blt2018 hy 0.8 $2.8M 112k 25.16
Vanguard Short Term Corporate Bond ETF (VCSH) 0.7 $2.6M 32k 80.03
Schwab International Equity ETF (SCHF) 0.7 $2.5M 74k 34.17
Vanguard Health Care ETF (VHT) 0.7 $2.4M 16k 151.69
Vanguard Small-Cap ETF (VB) 0.6 $2.3M 16k 141.34
Vanguard Intmdte Tm Govt Bd ETF (VGIT) 0.6 $2.3M 35k 64.48
Vanguard Total Stock Market ETF (VTI) 0.6 $2.3M 17k 132.82
Liberty All-Star Equity Fund (USA) 0.6 $2.2M 357k 6.19
SPDR Barclays Capital Intl Tresy Bd ETF (BWX) 0.6 $2.2M 79k 27.80
Vanguard Mid-Cap ETF (VO) 0.6 $2.2M 15k 146.98
Boulder Growth & Income Fund (STEW) 0.6 $2.2M 204k 10.59
Royce Micro Capital Trust (RMT) 0.6 $2.1M 228k 9.21
iShares Barclays TIPS Bond Fund (TIP) 0.6 $2.1M 18k 114.05
Schwab U S Large Cap Growth ETF (SCHG) 0.6 $2.1M 30k 68.58
New Germany Fund (GF) 0.6 $2.1M 108k 18.94
SPDR Barclays Capital Long Term Tr (SPTL) 0.6 $2.0M 56k 36.49
Liberty All-Star Growth Fund (ASG) 0.6 $2.0M 371k 5.40
Blackrock Res & Commodities Strategy Tr (BCX) 0.6 $2.0M 216k 9.11
SPDR DJ Wilshire Mid Cap Value (MDYV) 0.5 $1.9M 20k 99.53
Templeton Dragon Fund (TDF) 0.5 $1.9M 88k 21.83
Salient Midstream & M 0.5 $1.9M 172k 10.77
Schwab U S Small Cap ETF (SCHA) 0.5 $1.8M 26k 67.22
iShares Lehman Aggregate Bond (AGG) 0.5 $1.7M 16k 109.58
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.5 $1.7M 20k 84.27
Tekla World Healthcare Fd ben int (THW) 0.5 $1.7M 122k 13.87
MUTUAL FUND Gabelli Healthcare & Wellnessr*x (GRX) 0.5 $1.6M 173k 9.52
Schwab Strategic Tr cmn (SCHV) 0.5 $1.6M 31k 52.89
Clearbridge Amern Energ M 0.5 $1.6M 203k 8.01
PowerShares Hgh Yield Corporate Bnd 0.4 $1.6M 83k 18.99
Schwab Emerging Markets Equity ETF (SCHE) 0.4 $1.6M 57k 27.65
Schwab U S Broad Market ETF (SCHB) 0.3 $1.2M 20k 62.46
inv grd crp bd (CORP) 0.3 $1.3M 12k 105.57
Vanguard Mortgage Bkd Sects ETF (VMBS) 0.3 $1.3M 24k 52.79
Schwab Intl Small Cap Equity ETF (SCHC) 0.3 $1.2M 34k 36.32
Sch Us Mid-cap Etf etf (SCHM) 0.3 $1.2M 23k 51.22
Schwab Strategic Tr us aggregate b (SCHZ) 0.3 $1.2M 23k 52.31
Global X Fds glbl x mlp etf 0.3 $1.1M 117k 9.81
SPDR DJ Wilshire Mid Cap Growth (MDYG) 0.3 $1.1M 7.4k 152.41
Rydex S&P Equal Weight Energy 0.3 $986k 17k 57.27
Ishares Core Msci Eafe Etf core msci eafe (IEFA) 0.3 $1.0M 16k 65.29
iShares S&P MidCap 400 Value Index (IJJ) 0.3 $913k 5.9k 153.65
Rydex Etf Trust indls etf 0.3 $916k 8.0k 113.82
Schwab Strategic Tr us reit etf (SCHH) 0.3 $921k 22k 41.67
iShares S&P 500 Growth Index (IVW) 0.2 $894k 6.0k 149.62
Vanguard FTSE All-World ex-US ETF (VEU) 0.2 $910k 17k 53.90
Ishares Inc core msci emkt (IEMG) 0.2 $783k 14k 56.09
ETFS Gold Trust 0.2 $734k 5.9k 124.47
Spdr Short-term High Yield mf (SJNK) 0.2 $738k 26k 27.98
Schwab Strategic Tr sht tm us tres (SCHO) 0.2 $705k 14k 50.25
Ishares Trust Barclays (CMBS) 0.2 $727k 14k 51.53
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.2 $679k 5.4k 126.58
PIMCO 1-5 Year US TIPS Index Fund (STPZ) 0.2 $665k 13k 52.37
Market Vectors Etf Tr emkt hiyld bd 0.2 $668k 27k 24.81
SPDR DJ International Real Estate ETF (RWX) 0.2 $616k 16k 38.43
Fidelity msci rl est etf (FREL) 0.2 $619k 25k 24.99
iShares S&P 500 Value Index (IVE) 0.1 $548k 5.0k 109.25
iShares S&P MidCap 400 Growth (IJK) 0.1 $520k 2.5k 209.09
Rydex S&P Equal Weight Health Care 0.1 $542k 3.1k 174.78
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $516k 4.3k 120.98
SPDR MSCI ACWI ex-US (CWI) 0.1 $516k 13k 38.75
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $461k 5.3k 87.79
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.1 $412k 6.5k 63.05
Schwab Strategic Tr us lrg cap etf (SCHX) 0.1 $430k 7.0k 61.82
PowerShares Preferred Portfolio 0.1 $364k 24k 14.93
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.1 $371k 3.2k 114.72
Etfs Precious Metals Basket phys pm bskt 0.1 $331k 5.2k 63.40
PowerShares Build America Bond Portfolio 0.1 $240k 7.8k 30.66
iShares MSCI EAFE Value Index (EFV) 0.1 $173k 3.1k 55.11
Vanguard Materials ETF (VAW) 0.1 $167k 1.3k 132.22
SPDR Gold Trust (GLD) 0.0 $127k 1.0k 121.53
iShares FTSE NAREIT Mort. Plus Capp 0.0 $145k 3.3k 44.46
WisdomTree Emerging Markets Eq (DEM) 0.0 $126k 2.9k 43.69
Schwab Strategic Tr 0 (SCHP) 0.0 $158k 2.9k 55.36
Fidelity msci energy idx (FENY) 0.0 $129k 6.6k 19.44
Fidelity Bond Etf (FBND) 0.0 $117k 2.3k 50.45
PowerShares DB Com Indx Trckng Fund 0.0 $62k 4.0k 15.40
iShares S&P 1500 Index Fund (ITOT) 0.0 $74k 1.3k 59.11
iShares Silver Trust (SLV) 0.0 $42k 2.7k 15.78
SPDR DB Int'l Govt Infl Pro Bond (WIP) 0.0 $31k 537.00 57.73
Vanguard Information Technology ETF (VGT) 0.0 $18k 107.00 168.22
Vanguard Utilities ETF (VPU) 0.0 $24k 198.00 121.21
Powershares Etf Trust Ii intl corp bond 0.0 $40k 1.5k 27.03
Vanguard Consumer Staples ETF (VDC) 0.0 $21k 155.00 135.48
Ishares Core Intl Stock Etf core (IXUS) 0.0 $26k 423.00 61.47
Sch Fnd Intl Lg Etf (FNDF) 0.0 $31k 1.0k 30.88
Sch Fnd Em Lg Etf schb fdt emk lg (FNDE) 0.0 $31k 1.0k 29.64
Fidelity msci hlth care i (FHLC) 0.0 $45k 1.1k 39.37
Vanguard Financials ETF (VFH) 0.0 $10k 146.00 68.49
SPDR S&P Dividend (SDY) 0.0 $1.0k 16.00 62.50
WisdomTree MidCap Dividend Fund (DON) 0.0 $2.0k 20.00 100.00
Pimco Etf Tr 0-5 high yield (HYS) 0.0 $6.0k 64.00 93.75